Saturday, April 25, 2015

Pop Quiz: Real News or Real Satire?

April 16, 2015
CNN Money: Ben Bernanke joins hedge fund Citadel

"I wanted to avoid the appearance of a conflict of interest," Bernanke said.

April 23, 2015
The Onion: Entire Treasury Department Competing For Same Goldman Sachs Job Opening

Browning added that the new hire was needed to take over the responsibilities of a former Goldman Sachs executive who had recently left for a high-ranking position in the Securities and Exchange Commission.


Luke The Debtor said...

He just wanted to avoid the "appearance" of a conflict of interest, not the actual conflict of interest.

Stagflationary Mark said...

Luke the Debtor,

He sure didn't do a good job of avoiding the appearance of conflict of interest when he was
invested in Canadian debt
heading into the US financial crisis.

I'm amazed that few seem to care. Sigh.